Looking for higher highs?, $GDYN has them
Grid Dynamics accelerate digital transformation of Fortune-1000 US enterprises. They specialize in customer experience, data analytics, and cloud. They compite with the likes of
EPAM
,
CYBR
and
INFY
.
The price made its lowest low in mid March and since then has made a good bull run. Now $GDYN is making a good looking descending triangle, the only bad things is that it price is below the 50-day.
Still, as we are currently in a bear market, this is the kind of charts that I'm looking for. RELATIVE STRENGTH is the name of the game now. Combine this with the good fundamentals it has and it should be a next leader.
I'll wait and see.
EPAM
,
CYBR
and
INFY
. The price made its lowest low in mid March and since then has made a good bull run. Now $GDYN is making a good looking descending triangle, the only bad things is that it price is below the 50-day.
Still, as we are currently in a bear market, this is the kind of charts that I'm looking for. RELATIVE STRENGTH is the name of the game now. Combine this with the good fundamentals it has and it should be a next leader.
I'll wait and see.
Trade closed: target reached
Price is still below the 200-day. I expect a quick "in-an-out" trade to start testing the market.